TBG Dividend Focus ETF (TBG) Holdings
TBG holdings summary
as of Oct 24, 2026- Holdings
- 37 positions listed
- Top 10 weight
- 38.6% of net assets
- Effective holdings
- 33 equal-weight equivalent
- Largest holding
- MRK 4.53% Merck & Co., Inc.
- Annual turnover
- 0.0% of the portfolio traded
All TBG holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | MRK | Merck & Co., Inc. | Healthcare | 4.53% | $13.3M | $360.08B | 115.8 |
| 2 | ACN | Accenture plc | Technology | 4.42% | $13.0M | $140.55B | 16.9 |
| 3 | CVX | Chevron Corporation | Energy | 4.25% | $12.5M | $441.34B | 21.2 |
| 4 | PG | The Procter & Gamble Company | Consumer Defensive | 4.11% | $12.1M | $370.12B | 24.1 |
| 5 | BX | Blackstone Inc. | Financial Services | 3.77% | $11.1M | $127.43B | 23.9 |
| 6 | PEP | PepsiCo, Inc. | Consumer Defensive | 3.71% | $10.9M | $179.19B | 16.5 |
| 7 | BIPC | Brookfield Infrastructure Corporation | Utilities | 3.63% | $10.7M | $4.64B | — |
| 8 | SPG | Simon Property Group, Inc. | Real Estate | 3.54% | $10.4M | $77.99B | 14.5 |
| 9 | VZ | Verizon Communications Inc. | Communication Services | 3.46% | $10.2M | $186.09B | 11.7 |
| 10 | JNJ | Johnson & Johnson | Healthcare | 3.16% | $9.3M | $615.87B | 38.8 |
| 11 | GILD | Gilead Sciences, Inc. | Healthcare | 3.09% | $9.1M | $193.67B | — |
| 12 | FGXXX | First American Funds Inc. - Government Obligations Fund | Other | 3.03% | $8.9M | — | — |
| 13 | AEP | American Electric Power Company, Inc. | Utilities | 3.01% | $8.9M | $69.21B | 22.0 |
| 14 | AMGN | Amgen Inc. | Healthcare | 2.86% | $8.4M | $233.82B | 26.9 |
| 15 | GIS | General Mills, Inc. | Consumer Defensive | 2.74% | $8.1M | $17.71B | — |
| 16 | UNH | UnitedHealth Group Incorporated | Healthcare | 2.69% | $7.9M | $360.32B | 25.8 |
| 17 | EPD | Enterprise Products Partners L.P. | Energy | 2.65% | $7.8M | $79.51B | 12.8 |
| 18 | LMT | Lockheed Martin Corporation | Industrials | 2.63% | $7.7M | $127.42B | 20.3 |
| 19 | LAMR | Lamar Advertising Company | Real Estate | 2.51% | $7.4M | $15.24B | 27.4 |
| 20 | OWL | Blue Owl Capital Inc. | Financial Services | 2.36% | $6.9M | $13.87B | 73.8 |
| 21 | MCD | McDonald's Corporation | Consumer Cyclical | 2.30% | $6.8M | $171.94B | 19.7 |
| 22 | MTN | Vail Resorts, Inc. | Consumer Cyclical | 2.22% | $6.5M | $5.38B | 36.9 |
| 23 | MC | Moelis & Company | Financial Services | 2.20% | $6.5M | $4.04B | 19.0 |
| 24 | JPM | JPMorgan Chase & Co. | Financial Services | 2.09% | $6.1M | $902.16B | 14.2 |
| 25 | SBUX | Starbucks Corporation | Consumer Cyclical | 2.05% | $6.0M | $111.17B | 56.4 |
| 26 | ITW | Illinois Tool Works Inc. | Industrials | 2.00% | $5.9M | $77.55B | 24.7 |
| 27 | XOM | Exxon Mobil Corporation | Energy | 1.98% | $5.8M | $735.95B | 23.0 |
| 28 | TXN | Texas Instruments Incorporated | Technology | 1.88% | $5.5M | $252.49B | 42.1 |
| 29 | MS | Morgan Stanley | Financial Services | 1.83% | $5.4M | $283.60B | 14.3 |
| 30 | LINE | Lineage, Inc. | Real Estate | 1.83% | $5.4M | $8.34B | — |
| 31 | CSCO | Cisco Systems, Inc. | Technology | 1.72% | $5.1M | $423.39B | 32.2 |
| 32 | ENB | Enbridge Inc | Energy | 1.71% | $5.0M | — | — |
| 33 | IBM | International Business Machines Corporation | Technology | 1.52% | $4.5M | $218.71B | 20.6 |
| 34 | LEN | Lennar Corporation | Consumer Cyclical | 1.49% | $4.4M | $18.34B | 14.6 |
| 35 | DPZ | Domino's Pizza, Inc. | Consumer Cyclical | 1.49% | $4.4M | $10.15B | 17.0 |
| 36 | CMCSA | Comcast Corporation | Communication Services | 1.46% | $4.3M | $77.72B | 7.1 |
| 37 | EMN | Eastman Chemical Company | Basic Materials | 1.35% | $4.0M | $7.13B | 16.3 |
Weights as a percentage of net assets. Value held = weight × net assets ($294.3M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
TBG sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Healthcare | 16.3% | 5 | MRK, JNJ, GILD |
| Financial Services | 12.2% | 5 | BX, OWL, MC |
| Energy | 10.6% | 4 | CVX, EPD, XOM |
| Consumer Defensive | 10.6% | 3 | PG, PEP, GIS |
| Consumer Cyclical | 9.5% | 5 | MCD, MTN, SBUX |
| Technology | 9.5% | 4 | ACN, TXN, CSCO |
| Real Estate | 7.9% | 3 | SPG, LAMR, LINE |
| Utilities | 6.6% | 2 | BIPC, AEP |
| Communication Services | 4.9% | 2 | VZ, CMCSA |
| Industrials | 4.6% | 2 | LMT, ITW |
| Other | 3.0% | 1 | FGXXX |
| Basic Materials | 1.4% | 1 | EMN |
Sum of the weights of the holdings in each sector.
TBG top industries
TBG overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| DIA | SPDR Dow Jones Industrial Average ETF | 21.9% | 10 of 30 | 0.16% |
| SPY | SPDR S&P 500 ETF | 9.8% | 27 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 8.6% | 33 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 6.7% | 8 of 101 | 0.17% |
| VXUS | Vanguard Total International Stock ETF | 0.5% | 5 of 8,035 | 0.05% |
| IWM | iShares Russell 2000 ETF | 0.3% | 2 of 1,962 | 0.19% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the TBG portfolio
TBG Dividend Focus ETF holds 37 positions. The ten largest make up 38.6% of the fund, so it behaves like a portfolio of about 33 equally weighted stocks. The biggest positions are Merck & Co., Inc. (4.53%), Accenture plc (4.42%), Chevron Corporation (4.25%), The Procter & Gamble Company (4.11%), Blackstone Inc. (3.77%).
By sector, Healthcare is 16.3%, Financial Services is 12.2%, Energy is 10.6%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 24, 2026; positions change as the fund rebalances.
Related: TBG chart, TBG performance, TBG dividends, TBG valuation, TBG overview.
TBG holdings FAQ
How many holdings does TBG have?
TBG holds 37 positions as of October 24, 2026.
What are the top 10 holdings of TBG?
The ten largest holdings are Merck & Co., Inc. (4.53%), Accenture plc (4.42%), Chevron Corporation (4.25%), The Procter & Gamble Company (4.11%), Blackstone Inc. (3.77%), PepsiCo, Inc. (3.71%), Brookfield Infrastructure Corporation (3.63%), Simon Property Group, Inc. (3.54%), Verizon Communications Inc. (3.46%), Johnson & Johnson (3.16%). Together they are 38.6% of the fund.
What percentage of TBG is Merck & Co., Inc.?
Merck & Co., Inc. is the largest holding at 4.53% of net assets, about $13.3M of the fund's $294.3M.
Which sector is the largest in TBG?
Healthcare is the largest sector at 16.3%, followed by Financial Services (12.2%) and Energy (10.6%), based on the sectors of the individual holdings.
How concentrated is TBG?
The top 10 holdings are 38.6% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) TBG behaves like a portfolio of about 33 equally weighted stocks.